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HomeLaw firmsDeals and TransactionsCyril Amarchand Mangaldas Advises on India’s Largest IPO by Hyundai Motor India...

Cyril Amarchand Mangaldas Advises on India’s Largest IPO by Hyundai Motor India Ltd.

Cyril Amarchand Mangaldas provided legal counsel to the underwriters for Hyundai Motor India Ltd.’s (HMIL) initial public offering (IPO), with a total offer value of approximately ₹278,556.83 million, marking it as the largest IPO of equity shares in India.

The underwriters included KOTAK MAHINDRA CAPITAL COMPANY LIMITED, Citigroup Global Capital Markets Inc., HSBC Securities and Capital Markets (India) Private Limited, J.P. Morgan India Private Limited, Morgan Stanley India Company Private Limited, and Kotak Securities Limited.

The legal team advising on the transaction consisted of Yash J. Ashar, Gokul Rajan, Aashima Johur, Amitpal Singh, Jhalak Shah, Tanushri More, Adwait Deshmukh, Shreya Jain, Aarushi Jain, and Ananya Vura.

Hyundai Motor India Limited, a subsidiary of Hyundai Motor Company, adheres to the global vision of ‘Progress for Humanity’ by promoting sustainable and eco-friendly manufacturing practices and providing advanced mobility solutions.

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